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 Replies: 13 / Views: 2,205 |
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Pillar of the Community
United States
2077 Posts |
1914-D is a key date for wheats. However, there seems to be a lot for sale. Is it really as rare as it's supposed to be. Sure is an expensive one.
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Moderator
 United States
16677 Posts |
Fairly abundant in low grades. Higher grades, especially MS grades, pretty elusive.
swcoin.ecrater.com
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Pillar of the Community
United States
1659 Posts |
You can find worn out 14-D cents all day long. They start getting scarce and real expensive above VF. An MS example is big bucks. Also keep in mind there is a huge collector base for Lincoln cents. Therefore, demand for keys such as the 14-D is very high.
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Moderator
United States
15381 Posts |
Rare.  No way ... the net mintage of 1914-D LWC is 1,193,000 coins ... a tremendous number of examples compared to many USA coins ... and by itself would dwarf the mintage of most of the classic silver commemorative I am chasing. Valued and desired by many ... indeed.  It's simple supply and demand ... there are many Lincoln Cent collectors ... and despite the relatively large number of coins produced there will always be a healthy demand for examples. Such is the market for coins ... but do not confuse yourself and consider the 1914-D LWC to be a rare coin. David |
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Pillar of the Community
United States
3755 Posts |
Rare....YES. Comparatively speaking. 09S VDB 484,000. 31S 866,000. And then the 14D. And when you consider that say, in 1911 they made 100 times that in Philly alone, then yeah, I would call it a rarity for the series. For the series, 1.2 million is squat when most years were in the tens and hundreds of millions, with many years in the BILLIONS.
To compare outside of the series is apples and oranges IMO. Far to many unique factors play into the value of coins in certain series. As mentioned, the whole supply and demand and popularity things being foremost.
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Pillar of the Community
 United States
2077 Posts |
The think I don't get is that there seems to be a lot less 1931-S coins out there, but you can pick up a really nice one for less than the price of a motley looking 1914-D. Just doesn't make sense.
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Bedrock of the Community
United States
12437 Posts |
Funny enough, I just won a 1914D from my local shop's bid board this evening. I see about one every 2-3 months on the bid board and this is the second that I have won in the past five years. Naturally, both of them have been around the VG level. IMO, part of its value comes from its higher attrition rate in comparison with other key dates in the Lincoln series and part of it is due to its key status in the most popular coinage series.
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Bedrock of the Community
13014 Posts |
Quote:
The think I don't get is that there seems to be a lot less 1931-S coins out there, but you can pick up a really nice one for less than the price of a motley looking 1914-D. Just doesn't make sense.
Mintages can be deceptive. You could have a million of one coin with only a 100 in higher grades or have 10,000 of another but 1,000 in higher grades. Its just all about how many survived and what condition they are in for which will be more expensive, and like said above supply and demand. Sometimes youll know a lot of examples are out there but they never hit the market, so when they do they go for a lot and probably more than they really should |
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Pillar of the Community
United States
1302 Posts |
you'll have an easier time finding a 1914-D then you will have finding an MS-67 1973-D. key dates in low grades are abundant. I've held in my hand a roll of AG-3 to G-4 1916-D Mercury dimes... bigger dealers have supposed rare coins like this- and treat them like garbage. |
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Pillar of the Community
Russian Federation
5172 Posts |
Quote:
Mintages can be deceptive. You could have a million of one coin with only a 100 in higher grades or have 10,000 of another but 1,000 in higher grades. Its just all about how many survived and what condition they are in for which will be more expensive, and like said above supply and demand. Sometimes youll know a lot of examples are out there but they never hit the market, so when they do they go for a lot and probably more than they really should Sorry for being a little off-topic :-) but that goes double for world coins. I personally have a coin in my collection with a mintage of 200,000 that is worth maybe $3 despite its XF+ grade; even then, I didn't actually buy it for the mintage (which is actually higher than I expected) but mostly for the "hey cool" factor (it's a Vatican commem). Back to US coins, the Braided Hair large cents (1839-1857) all have mintages under 10 million, with the 1857 key actually having a smaller mintage than the 1909-S VDB - yet (at least according to Numismedia) the entire 19-coin set (ignoring varieties) could be assembled in VF for under $800: less than the Numismedia value for the 1909-S VDB even in VG (never mind VF). Did I mention that all large cents are more than 50 years older than any LWCs? Actually, not too long ago I started a thread along the lines of "what all the fuss is about the S-VDB". I don't remember what exactly was ultimately discussed, but I do remember it was funny.  |
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Bedrock of the Community
United States
36415 Posts |
Keep in mind that there are probably more than 1,193,000 Lincoln Cent collectors, so price is based on demand. |
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Pillar of the Community
United States
2651 Posts |
High grades are rare....There are alot of high grade 1909's because it was a design change year so many people saved them cause they were new and different. I believe the 1909 was also the first US coin to have an actual "real" person on it. Not as many 1914 High Grade cents exist. There for they are $$$
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Moderator
United States
187446 Posts |
I agree, the 1914-D is a conditional rarity. This coin was not saved when it came out, unlike the lower mintage 1931-S which often sells for a lot less because people immediately knew it was going to be a low mintage issue.
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Pillar of the Community
United States
3278 Posts |
Conditional rarity, yes it is as stated above.
Rare in terms of mintage, not really; depends on your definition of rare, one million, quarter million, ten thousand?
Depends on who you are and what you collect.
For sure it is a popular coin that demands a healthy premium (I was thrilled when I acquired mine) due to the popularity of the series.
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Replies: 13 / Views: 2,205 |
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Posted 07/09/2012 7:04 pm
